Difference between Federalists and Democratic Republicans
By Theydiffer - January 28, 2016

The Democratic-Republican Party and the Federalist Party were the two American political parties that opposed each other from the end of the 18th century to the beginning of the 19th century. The founder of the American financial system, Alexander Hamilton, received opposition to the financial plan he proposed which mainly came from one of the American Founding Fathers, Thomas Jefferson. As a result of this, the two parties emerged, which were led by Hamilton (Federalists) and Jefferson (Democratic-Republicans), hence the occasional titles of the two- Hamiltonians and Jeffersonians.

In this article we will examine the differences between the two parties.

Definitions

A black and white cockade, used in the American Revolution and by the Federalist Party

  • The Federalists thought that the economy of the United States should be based on merchants and trade. Democratic Republicans, on the other hand, believed that the economy of the United States should be based on agriculture, with farming being the backbone.
  • The Federalists were supporters of the First Bank of the United States. They thought it would stimulate the economy and help build credit. The Democratic-Republicans, on the other hand, didn’t like the First version of the Bank of the United States. They thought it favored the wealthy, and also were against it because the U.S. Constitution never stated anything about it.
  • Comparison chart

    The Federalists The Democratic-Republicans
    Supporters: wealthy people, aristocratsSupporters: commoners, middle-class
    What the Constitution doesn’t forbid, can be doneThe Constitution must be strictly interpreted
    Pro-BritishPro-French
    Economy should be based on merchants and tradeEconomy should be based on agriculture
    For the First Bank of the United StatesAgainst the First Bank of the United States